Sold

3120 Minnesota Avenue

Panama City FL, 32405

$2,000,000


$262.12 per sqft

Sold

7,630 sqft

Commercial

Built in 1983

Mobile Home Park for sale. This sale consists of 4 parcels. The front 10 acre parcel has 86 lots, and is in the Lynn Haven city limits. All lots are on separate water meters (80+ tap fees paid?) and city sewer, and there's a city-maintained lift station already in place. No wells or septic tanks. The back 7.5 acres (3 parcels) are in the county, were never developed, and have some wetlands that may be mitigated. All occupied homes still on site are on month-to-month rentals with no leases. For you developers, the city will also allow a HIGH DENSITY zoning of 15 units/acre for a MULTI-FAMILY development (possible 125 townhomes mol). OWNER FINANCING AVAILABLE WITH ACCEPTABLE DOWN AND TERMS. All meas. approx.

727063

MLS ID

May 24, 2022

Listed

February 16, 2024

Updated

Map

3120 Minnesota Avenue
Panama City FL, 32405

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

15.5 Acres


Sewer

Public Sewer

School Information

High School

Mosley


Elementary School

Hiland Park

Other Property Details

Area Name

02 - Bay County - Central


Days on Market

245


Garage

No


View

No


County

Bay


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/26/2023

Unknown

4/26/2023

Price Change

$2,000,000

11%

4/24/2023

Pending

4/24/2023

Price Change

$1,800,000

-10%

4/24/2023

Active

4/19/2023

Unknown

4/19/2023

Price Change

$2,000,000

11%

 

Courtesy of AMERICAN REALTY of Bay Co, Inc, Richard Gheesling,
Listing Contact: (850) 624-1176 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Salty Marlin Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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